Senior Technical Business Analyst -Capital Market

Senior Technical Business Analyst

Role Overview

We are seeking a highly skilled and technically oriented Business Analyst to support a critical technology initiative within a complex Capital Markets environment.

This is a hands-on role requiring an individual who can translate business and functional requirements into detailed, implementation-ready user stories, technical specifications, and process documentation. The successful candidate will work closely with business stakeholders, architects, developers, data teams, QA teams, and system owners to ensure requirements are fully understood, documented, and delivered successfully.

A key focus of this role is documenting and analyzing end-to-end data flows, including data origination, movement across systems, transformations, validations, and downstream consumption.

Experience in Capital Markets and a strong understanding of the trade lifecycle are highly desirable. Knowledge of corporate lending and loan products is a significant advantage.

Key Responsibilities

• Lead requirements gathering sessions with business, technology, operations, and architecture stakeholders.
• Translate high-level business requirements into detailed functional and technical specifications.
• Break requirements into epics, features, user stories, tasks, and acceptance criteria.
• Create implementation-ready user stories with sufficient detail to minimize ambiguity for development teams.
• Document end-to-end data flows across source systems, integration layers, processing components, and downstream systems.
• Define detailed source-to-target mappings, including data elements, formats, transformations, business rules, validations, and exceptions.
• Document APIs, interfaces, files, messaging, batch processes, and system integration points.
• Analyze data dependencies, upstream and downstream impacts, sequencing requirements, and potential gaps.
• Collaborate with architects and developers to understand current-state systems and document future-state solutions.
• Facilitate requirements reviews and solution walkthroughs with business and technology teams.
• Identify gaps, inconsistencies, edge cases, and unresolved requirements.
• Maintain full traceability from business requirements through development, testing, and production implementation.
• Partner closely with QA teams to ensure test cases and test scenarios align with functional and technical requirements.
• Provide ongoing support to development and testing teams by clarifying requirements and expected system behavior.

Required Experience

• 7+ years of Business Analysis experience, preferably within financial services, banking, or Capital Markets technology environments.
• Proven experience translating complex business requirements into detailed user stories and acceptance criteria.
• Strong experience working directly with developers, architects, data engineers, and technical teams.
• Deep understanding of data flows, system integrations, APIs, interfaces, databases, files, and messaging technologies.
• Ability to analyze and document complex enterprise applications and interdependent systems.
• Experience creating detailed functional and technical documentation.
• Strong SQL and data analysis skills are highly preferred.
• Ability to independently investigate systems, processes, and data to uncover requirements and dependencies.
• Excellent analytical, problem-solving, and organizational skills with exceptional attention to detail.
• Strong communication skills and the ability to bridge the gap between business and technology stakeholders.

Data & Technical Documentation

The successful candidate should be comfortable producing detailed documentation that includes:

• End-to-end data lineage and data flows
• Source and target system documentation
• Source-to-target field mappings
• Data definitions and data formats
• Transformation and calculation logic
• Business rules and validation requirements
• API and interface specifications
• File layouts and message structures
• Error handling and exception management
• Upstream and downstream dependencies
• Processing sequences and timing requirements
• Batch and real-time processing flows
• Reconciliation requirements
• Non-functional requirements where applicable
• Detailed acceptance criteria and test scenarios

Preferred Domain Experience

• Experience supporting Capital Markets technology initiatives.
• Strong understanding of the complete trade lifecycle, including trade capture, validation, enrichment, confirmation, settlement, reconciliation, and reporting.
• Familiarity with front-office, middle-office, and back-office systems and related data flows.
• Experience working with trading, operations, risk, finance, or regulatory technology teams.
• Knowledge of corporate lending and corporate loan processes, including origination, servicing, payments, interest calculations, amendments, lifecycle events, and associated data management.

Matrix is a global, dynamic, and fast‑growing technology services and consulting company with over 17,000 employees worldwide. Founded in 2001, Matrix has grown through significant organic expansion and strategic acquisitions, executing some of the largest and most impactful technology projects in the market.

We specialize in the design, development, and implementation of advanced technologies, software solutions, and digital products. Our services include infrastructure and consulting, IT outsourcing and offshore delivery, training and assimilation programs, and acting as a trusted implementation and delivery partner for the world’s leading software vendors.

With deep expertise across both the private and public sectors—spanning Finance, Telecom, Healthcare, Hi‑Tech, Education, Defense, and Security—Matrix serves a strong customer base in Israel alongside a continuously expanding global client portfolio.

At Matrix, our people are at the heart of our success. We are a community of talented, creative, and dedicated professionals who are passionate about innovation and excellence. We actively attract, develop, and retain top talent, recognizing that every employee’s contribution is critical to our continued growth and future success.

Matrix’s success is built on a challenging and engaging work environment, competitive compensation and benefits, and meaningful career development opportunities. We foster a diverse, inclusive culture that encourages collaboration, continuous learning, and growth—together.

Join the winning team. Be challenged, grow your career, and enjoy the journey in a highly respected global organization.

To learn more, visit: www.matrix-ifs.com

EQUAL OPPORTUNITY EMPLOYER: Matrix is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind. Matrix is committed to the principle of equal employment opportunity for all employees, providing employees with a work environment free of discrimination and harassment. All employment decisions at Matrix are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, family or parental status, or any other status protected by the laws or regulations in our locations. Matrix will not tolerate discrimination or harassment based on any of these characteristics. Matrix encourages applicants of all ages.